← Reference notes

IRA contribution limits

Summary

For 2026, total contributions to all traditional and Roth IRAs are capped at $7,500 ($8,600 at age 50+), or your taxable compensation if less. 2024–2025: $7,000 ($8,000 at 50+). Roth contributions may be further limited by income.

General information, not financial or tax advice. Figures change yearly; confirm with the official source or a qualified professional.

Facts

• id: F1 claim: 2026 combined limit for all traditional and Roth IRAs: $7,500, or $8,600 at age 50 or older, or taxable compensation if lower. confidence: medium date: 2026-10-14 sources: [S1] license: CC BY 4.0
• id: F2 claim: 2024 and 2025 limit: $7,000, or $8,000 at age 50 or older. confidence: medium date: 2026-10-14 sources: [S1] license: CC BY 4.0
• id: F3 claim: Roth IRA contributions may be reduced based on filing status and income. confidence: medium date: 2026-10-14 sources: [S1] license: CC BY 4.0
• id: F4 claim: Since 2020 there is no age limit on regular contributions to traditional or Roth IRAs. confidence: medium date: 2026-10-14 sources: [S1] license: CC BY 4.0
• id: F5 claim: A spouse filing jointly may contribute even without their own taxable compensation (spousal IRA), within the couple's combined compensation. confidence: medium date: 2026-10-14 sources: [S1] license: CC BY 4.0
• id: F6 claim: Excess contributions are taxed 6% per year while they stay in the IRA. confidence: medium date: 2026-10-14 sources: [S1] license: CC BY 4.0

Pointers

• answers: Full official guidance beyond this summary where: https://www.irs.gov/retirement-plans/plan-participant-employee/retirement-topics-ira-contribution-limits access: open, no account

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